Uxin(US:UXIN) Prnewswire·2025-06-12 08:50Core Insights - Uxin Limited reported strong performance in Q1 2025, with retail vehicle transaction volume reaching 7,545 units, a 142% year-over-year increase, despite seasonal impacts from the Chinese New Year holiday [4] - The company expects retail transaction volume in Q2 2025 to exceed 10,000 units, setting a new record [4] - Financial results showed retail revenue of RMB466 million, a 73% year-over-year increase, while total revenues were RMB504.2 million, reflecting a 58% increase from the same period last year [5][6] Financial Performance - Total revenues for Q1 2025 were RMB504.2 million (US$69.5 million), a decrease of 15.5% from RMB596.8 million in the previous quarter but an increase of 58% from RMB319.2 million in the same period last year [5] - Retail vehicle sales revenue was RMB465.5 million (US$64.2 million), down 15.8% from the last quarter but up 72.8% year-over-year [6] - Gross margin remained stable at 7.0%, consistent with the previous quarter and up from 6.6% in the same period last year [10] Operational Highlights - The company maintained a healthy inventory structure with turnover days around 30 and achieved an industry-leading net promoter score (NPS) of 65 [4] - A new superstore in Wuhan began trial operations during the quarter, with rapid inventory and sales growth [4] - Non-GAAP adjusted EBITDA loss narrowed significantly to RMB8.9 million, a 78% year-over-year reduction [6][14] Business Outlook - For Q2 2025, Uxin expects retail transaction volume to range between 10,000 and 10,500 units, with total revenues projected between RMB630 million and RMB660 million [17] - The company aims to grow vehicle sales revenue and improve gross profit margins through increased value-added services [16]